Edith F Bondi Foundation is located in Bellaire, TX. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edith F Bondi Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Edith F Bondi Foundation generated $27.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $57.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A SEE PART XV FOR LIST OF ALL CHARITABLE CONTRIBUTIONS AND THEIR PURPOSE. NO DIRECT OR INDIRECT EXPENSE APPLIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael S Parmet Chairman & President | 5 | $0 | |
Ron Meyers Vice-Pres, Secretary/treas | 1 | $0 | |
Mary Alice Parmet Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,500 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,998 |
| Capital Gain Net Income | $19,998 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $40 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,531 |
| Total operating and administrative expenses | $21,400 |
| Contributions, gifts, grants paid | $35,849 |
| Total expenses and disbursements | $57,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,817 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $168,630 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $169 |
| Total assets | $165,982 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Edith F Bondi Foundation has awarded $35,849 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BAYLOR COLLEGE FOUNDATION PURPOSE: GENERAL SUPPORT | $180 |
HOUSTON BOYS CHOIR PURPOSE: GENERAL SUPPORT | $103 |
CAMP FOR ALL PURPOSE: EDUCATIONGENERAL SUPPORT | $1,000 |
B & O RAILROAD MUSEUM PURPOSE: GENERAL SUPPORT | $150 |
GALVESTON BAY FOUNDATION PURPOSE: EDUCATION | $5,035 |
HOUSTON BOTANICAL GARDENS PURPOSE: GENERAL SUPPORT | $100 |